Risk Management - Risk Administration Associate

Posted 6 Days Ago
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Chicago, IL
Hybrid
Entry level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The role involves assisting with change management in the Wholesale Credit Risk Administration, improving efficiencies in banking risk organization, conducting system testing, compiling regulatory reports, and providing support on SharePoint tasks.
Summary Generated by Built In

Job Description
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Wholesale Credit Risk Administration (WCR Administration) Associate on the WCR Administration Systems & Regulatory Support team, you will be responsible for assisting with change management activities. You will assist in improving efficiencies and controls in the Commercial and Investment Banking in Risk organization.
Job Responsibilities

  • Assisting with change management activities including testing, training and communications
  • Improving efficiencies and controls in the Commercial and Investment Banking(CIB) Risk organization
  • Providing input or challenging system design requirements, user acceptance testing and later smoke testing across CIB Risk
  • Performing bulk uploads required for grading exempt populations or other credit risk system changes
  • Compiling regulatory reporting, sharing guidance on reporting needs with credit officers and performing manual controls as needed.
  • Driving requirements on strategic system design (e.g., coverage role, limits dashboard) and testing and helping with the implementation of new operating models.
  • Backing up other team members with tasks such as SharePoint maintenance, permissions review, and updates to SharePoint links and projects.


Required qualifications, capabilities and skills

  • Bachelor's degree (BS/BA)
  • Self-motivated, detailed oriented and have the ability to work both as part of a team and independently
  • Ability to thrive in a fast-paced, collaborative work environment
  • Good analytical and problem solving skills
  • Strong written and verbal communication skills
  • Basic SharePoint design


Preferred qualifications, capabilities, and skills

  • Knowledge of CRI systems (ICRD Proposals, Desktop, Grading and iSPRESO) or SharePoint/website design experience a plus
  • Credit Officer or Analyst experience in analyzing loan proposals or experience in teams supporting Credit Officers
  • Reporting /analytical experience
  • Some knowledge of credit risk and risk policies, procedures and standards
  • Use of Artificial Intelligence tools like Alteryx and the LLM model
  • Excellent Microsoft Office skills (Excel, Word, PowerPoint- Access a plus)


About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Top Skills

Alteryx
Sharepoint

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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